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INDEPENDENT DIRECTORS VACANCY
Parliamentary panel members grill top NTA officials over NEET paper 'leak'Top NTA officials faced grilling from MPs regarding the NEET-UG paper leak. The Director General stated the leak did not originate from the...
SpaceX IPO gives Elon Musk sweeping power, curbs shareholder rightsSpaceX's IPO will grant Elon Musk unprecedented executive authority through supervoting shares, mandatory arbitration, and stricter shareho...
Total 53 CPSEs without CMD, 70% Independent director post vacantA parliamentary panel has identified a significant managerial crisis within Central Public Sector Enterprises. Many CPSEs are operating wit...
Maharatnas & Navratnas told to chalk out succession plansThe govt has instructed Navratna and Maharatna CPSEs to create succession plans for key managerial roles, aiming for seamless leadership tr...
CPSE boardrooms set for 200-strong 'independent' influxThe government is urgently seeking to appoint 208 independent directors to central public sector enterprises (CPSEs) to address a critical ...
Govt on a hiring spree as 86% independent director posts lie vacant at central public sector enterprisesAs of December 2024, 86% of independent director positions in central public sector enterprises (CPSEs) were vacant, up from 59% in October...
Govt moves to fill 59% vacant independent director posts at CPSEsA significant number of independent director positions on central public sector enterprise boards remain unfilled, raising concerns about c...
Mandates for independent director searches rise 2X as maximum allowed term of 10 year comes to an endAccording to data of 680 listed companies above market cap of ₹5,000 crore analysed by executive search firm Native, the number of independ...
Govt initiates process for filling posts of independent directors in PSBs, FIsSince many listed public sector banks (PSBs) and some financial institutions (FIs) are short of mandated number of directors, it is in viol...
Can't vote for new resolution, until you prevent Rahul Bhatia from getting more powers: Rakesh Gangwal to IndiGo directorsThe issues flagged by Gangwal have led to a public, bitter feud between the two partners of IndiGo.
PSUs should initiate process of appointing independent directors: Parliamentary panelAt present, the process is initiated by the administrative ministry, and involves six layers leading up to the approval of the Appointments...
Coal India holds AGM sans independent directorsWorld's largest coal mining company Coal India Ltd today held its 41st annual general meeting in the absence of independent directors.
New Companies Act: Firms to have at least one woman, two independent directorsThe new requirements are part of the rules related to the appointment and qualification of directors under the Companies Act, 2013.
- Parliamentary standing committee raises concerns over vacant positions in state run cos
There are 300 vacant positions of non-official directors on the board of more than 100 PSUs which are vacant.
- Government to question ministries for failure of PSUs to name independent directors
Worried over the lack of compliance , the government will now seek details of the independent directors directly from the administrative mi...
- DPE to appoint PSU directors if ministries fail to do so in time
Under the new rule the administrative ministry will also be time-bound to submit the final list of candidates to the ACC.
- DPE to find more directors for PSUs
The department of public enterprises (DPE) will expand its list of candidates who can be appointed as independent directors on state-owned ...